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What You Need to Know About President Trump’s Executive Order on Immigration Issues

Over the past week, President Donald J. Trump signed three Executive Orders involving US immigration issues. The Executive Order signed on January 27, 2017, was somewhat unexpected in terms of its focus and the extent of its reach. Entitled “Protecting the Nation from Foreign Terrorist Entry into the United States,” the order has an immediate … Continue Reading

Why a Careful Review of Outsourcing Agreements is Important in International M&A Transactions

Outsourcing agreements are behind the most important vendor relationships. They therefore require a detailed review as part of the due diligence process of any M&A deal or spinout transaction. With more and more businesses relying on outsourcing, the underlying agreements have become an important factor in M&A transactions. Read the full article here.… Continue Reading

DOL’s New Disability Claim Rules Add to a Plan Administrator’s Duties under Welfare and Retirement Benefit Plans

Now, faced with an aging baby-boomer generation and increased costs related to disability litigation, the U.S. Department of Labor’s Employee Benefit Security Administration (DOL) has proposed new rules that would revise and strengthen the current rules for claims adjudication of disability claims under welfare and retirement plans. Read the full article.… Continue Reading

New Legislation Extends Future Form 5500 and 990 Deadlines, Affects Veterans Health Benefits and Extends Excess Pension Asset Transfer Rules

The recently enacted Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 includes provisions that will extend the deadlines for filing future Form 5500 and Form 990 series information returns. In addition, the legislation modifies rules relating to the ability of veterans to participate in health savings accounts (HSAs), allows employers to disregard … Continue Reading

IRS Adjusted ACA Fee Amounts for the 2015/2016 Policy or Plan Years and Additional Payment Options

The Patient-Centered Outcomes Research Institute (PCORI) fee was established under the Affordable Care Act (ACA) to advance comparative clinical effectiveness research. The PCORI fee is assessed on issuers of health insurance policies and sponsors of self-insured health plans. The fees are calculated using the average number of lives covered under the policy or plan, and … Continue Reading

What All Employers Need to Know About the New Joint-Employer Standard

On September 17, 2015, McDermott hosted a webcast featuring, among others, four speakers from our own Employee Benefits, Compensation and Labor & Employment practice discussing the ramifications of the NLRB’s decision and the steps businesses should be taking to decrease risk associated with joint-employer relationships.   Click here to view the archived webinar (materials available here until December … Continue Reading

Vote Today! McDermott’s Employee Benefits Blog Nominated for Best Legal Blog

Recognized for outstanding contributions in the category of Labor and Employment, McDermott’s Employee Benefits Blog has been selected from more than 2,000 nominees to be one of only 250 blogs chosen to compete in The Expert Institute’s Best Legal Blog Contest. The blog’s editors, Diane Morgenthaler and Maureen O’Brien, welcome your support in voting. The voting … Continue Reading

With No Federal Law in Sight, States Continue to Refine Their Own Data Privacy Laws

With no Congressional consensus to adopt a federal data privacy and breach notification statute, states are updating and refining their already-existing laws to enact more stringent requirements for companies.  Two states recently passed updated data privacy laws with significant changes. Read the full post here.  … Continue Reading

DOL Provides Greater Flexibility for Distribution of Annual Participant Fee Disclosure Effective Immediately

New guidance by the U.S. Department of Labor provides defined contribution plan administrators with additional flexibility to extend the 12-month period to a 14-month period for distribution of the required annual fee disclosure to plan participants and beneficiaries. Read the full article.… Continue Reading